No evidence Man City broke FFP rules: CAS

Manchester City manager Pep Guardiola. (AP)
Manchester City manager Pep Guardiola. (AP)

Manchester - The decision allows City to compete in next season's elite Champions League competition



By Reuters

Published: Tue 28 Jul 2020, 11:31 PM

Last updated: Wed 29 Jul 2020, 1:39 AM

Uefa's claim that Manchester City "disguised equity funding" from their owners was "unsubstantiated", the Court of Arbitration for Sport (CAS) said on Tuesday.
The CAS panel that heard Premier League club City's appeal published their full reasoning for overturning the English club's two-year ban from European football earlier this month.
The decision allows City to compete in next season's elite Champions League competition.
Sport's highest court also reduced the fine for City's failure to cooperate with Uefa to 10 million euros ($11.72 million) from 30 million euros.
European soccer's governing body Uefa ruled in February that City had committed serious FFP breaches and failed to cooperate with its investigation.
The FFP regulations are designed to stop clubs running up big losses through spending on players.
 


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